Suzuki Fights Off Volkswagen Buy-Over

Last week, Suzuki CEO, Osamu Suzuki, declared at a press conference at the Foreign Correspondent’s Club of Japan that it would likely refuse any approach for a bigger stake coming from Volkswagen, the company that bought a month ago 19.9% share of Suzuki at the price of around $2.7 billion. He added that Suzuki won’t … Read more

Eric Bana To Race in Bathurst 12 Hour Enduro

Eric Bana, star and director of “Love the Beast” – in which he documented the loss of his XB GT Falcon – announced that he will compete in the Armor All Bathurst 12 Hour Showroom Enduro, next month. He competed in this event last year too, and he finished 10th overall and 6th in his … Read more

Why Was The 2010 Brisbane Motor Show Really Postponed?

Last year the Brisbane Motor Show was cancelled due to the global financial crisis. This year it seems like it has been postponed. The reason is, according to Expertise Events Managing Director Gary Fitz-Roy, the exhibitor didn’t finish their model line-ups for this year. But inside sources say that the hidden problem is that the … Read more

NASCAR To Do Away With Rules?

NASCAR’s VP Of competition has announced a looser and more fun NASCAR this season. In addition to replacing the rear wing with a more stylish rear spoiler (which increases downforce), NASCAR officials state they will leave the extent of bumping and scraping up to the driver’s prerogatives from now on. “We will put it back … Read more

Malaysia To Be Peugeot’s Right-Hand Drive Production Facility

It seems that Peugeot has major plans to increase its visibility in Asia. At a press conference this week, Peugeot’s deputy M.D. Nicolas Werans announced the future plans for its Peugeot brand, including their partnership with Malaysian auto maker Naza. Weran stated that Peugeot planned to utilize Naza’s Malaysian-based plant to produce right-hand drive Peugeots … Read more

Ed Whitacre Becomes Permanent CEO of GM

General Motors made an official statement earlier today that Ed Whitacre Jr. will remain as CEO of GM in a more permanent position. Ed Whitacre had originally been appointed as interim CEO when Fritz Henderson left back in December of last year. Whitacre stated, “The board of directors asked if I would be willing to … Read more

Chrysler-Lancia Brand Merger To Release Full Line Up This Year

Ever since Chrysler had joined with Fiat, the company’s future was in safe hands without a doubt. Rumors flew almost immediately about rebadged Chryslers being shipped overseas and being sold as Fiats, and vice versa. However things seem to have changed again. CEO of Fiat/Chrysler Mr Segio Marchionne has put rumors to rest and has … Read more

VW & Porsche Make Merger Official

It was only a matter of time and merger news has finally arrived. The Volkswagen Group, the largest automotive group in Europe, and manufacturer of sports cars Porsche, agreed yesterday during a meeting in Wolfsburg, the integration of both companies into one “automotive consortium.” At the head of the company shall be the chairman of … Read more

GM Delays New Plant

US automaker GM announced it would stop development of its new assembly plant in Flint Michigan which was going to be utilized to build their 1.4L Cruze engines and their electric car the Chevy Volt. The news didn’t come as a surprise as the auto giant has been struggling to stay afloat and cutting costs … Read more

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